Ethereum layer 2 Cartesi lets developers build powerful dApps using familiar tools like Linux and Python, for improved scalability and security.
Currently around 250M market cap. And just above the weekly breakout.
Looking super Bullish.
#Ctsi
The price has been moving in a descending triangle since April 2022
It adheres to its limits to a large extent, and we are now on the verge of breaking it higher
With upward momentum supporting this
And strong support areas
Current price 0.2272
First target 0.2855
Second target 0.3665
Third target 0.4545
CTSIUSDT Technical analysis update
CTSI price recently exceeded the neckline of a double bottom pattern on the day chart, accompanied by high volume, after a 675 days of consolidation this TA analysis indicate the bullish move.
Regards
Hexa
Hi Everyone;
today we have good risk to reward Investment opportunity
it is more than 85 times the risk and the chart is look very promising.
Good Luck Every one
It looks like we have a diametric structure that we are in the middle of the F wave. What we expect is that the price will complete the F wave and reach the red box.
I also specified the invalidation level. Closing a 4-hour candle below this level will violate the analysis
CTSI UPDATE: Another good chart that caught our attention this morning is CTSI…. CTSI is currently looking nice as it break daily trendline but facing daily resistance and it will be a big move if it breakout on daily TF…. I’m watching to see a clear flip in bullish before considering taking a nice long…. Keep in watch for nice gain
Follow for more market update
💎 Paradisers, turn your attention to CTSIUSDT as it showcases intriguing movements, potentially gearing up to revisit its support and set the stage for a bullish ascent.
💎 Historically, CTSI has been oscillating within a defined range, with the .1254 mark acting as a pivotal support. There's a strong likelihood that CTSI could embark on a bullish journey right...
By checking the status of the chart, we can see that the CTSI is falling.
It has reached below the dynamic resistance line and mCHs are continuously observed in the internal structures (substructure).
CTSI is expected to drop the two announced targets.
No trade in digital currencies is without risk, so make sure to reduce the risk as much as possible before...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CTSI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
After big pump i think we will see big dump now ! Some reasons: We are under biggest support, price action set very vell , target is on biggest rez and on FIB and EMA (4h and 1d TF)
Give me like if you agree !
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the CTSI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Cartesi (CTSIUSD) emphatically broke above the 0.382 Fibonacci and is headed for the 0.5 Fibonacci (0.4000). With the 1D RSI massively overbought having almost hit 90.00 three days ago, it is possible to see a pull-back to the 0.236 Fib similar to September 2021. As long the 0.382 Fib holds, we may target the 0.618 Fib at 0.55000, otherwise we would welcome the...
Liking the price action on this coin. Interesting project too, hopefully they can execute.
Seeing a lot of accumulation at these levels. This is a good buy-and-hold , but also a good trade. Goal is to enter now, take half off at the next fib level, and ride the rest, mostly for free, taking more profit if it reaches the nextlevel of around 56-57c,.
I think this...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the CTSI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Hi, I feel like there is an long opportunity for CTS at the moment we are stuck at 0.26 range if we manage to get trough 0.28 next res is at 0.54 which is 90%. As a scalper I would wait until a short pullback of the coin as it had overt 50% of gains but this depends on how BTC end up end of tonight
On my chart if you follow the green lines those are the future...
